Comments
Spot rubber regained strength on Thursday. RSS 4 improved to ₹123.50 (123) per kg according to traders and the Rubber Board. The grade firmed up to ₹119.50 (119) as reported by the dealers. The market made all round gains on covering purchases following the news on a possible decline in global rubber production. The trend continued to remain partially mixed as latex 60% was quoted unchanged amidst thin volumes
RSS 4 improved at its November futures to ₹123.37 (122.93) and December to ₹124.58 (124.10) on the Indian Commodity Exchange (ICEX).
RSS 3 firmed up at its October futures to ₹97.35 (97.06) while its November futures weakened to ₹99.93 (101.05) on the Tokyo Commodity Exchange (TOCOM).
Spot rubber rates (₹/kg) : RSS-4: 123.50 (123); RSS-5: 121 (119.50); ISNR 20: 111 (110) and Latex (60% drc): 97 (97).
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.